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Dollarchap's Posts

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Jobs/Vacancies / Re: Am Going To Lose My Life This Hardship Is Killing Me by Dollarchap(m): 1:17pm On Feb 19
I actually feel for you. The economy is harsh, but you don't need to take it to the extreme of losing your life. There is always what to do. For instance, I believe you have people around you who are business owners. You don't even need to beg them for money. You can tell them on the need to file their annual returns. I believe that the commission you will earn from just one person will be much more than the N1,000 you are asking for. How much more if you can reach out to other members of your churches or mosques who are business owners.
https://www.nairaland.com/8005332/remote-job-opportunities
Jobs/Vacancies / Remote Job Opportunities by Dollarchap(m): 12:28pm On Feb 19
Opportunities exist for individuals who like flexibility and desire to work remotely as commission agents for a business that is into CAC pre and post registration services. Precisely, the services include registration of business, filing of annual returns and other post incorporation activities.

To work in a commission agent's role, you must have a sufficient network of contacts in the market and have substantial marketing experience for reaching a targeted demographic. More importantly, the agent should be highly motivated and enthusiastic in representing our client's services. Please note that you can combine this job with your existing job.

Commissions range from 20-40 percent depending on the volume of transactions involved. The more the transactions, the higher the rate of commission that will be applied.

Interested candidates should send a mail to oabizconsulting@yahoo.com using "Commission Agent" as a subject of the mail. Kindly include your WhatsApp number.
Business / Re: Corporate Affairs Commission (CAC) Annual Return by Dollarchap(m): 5:54pm On Aug 25, 2023
The fees here tally with what I read but I was made to understand that the penalty for late filing for companies other than small, companies ltd/gte and incorporated trustees is N10K,
https://cacannualreturns.com/
Business / Re: Unilever Nigeria Plc Reports 72.95% Decline In Pre-tax Profit As Economy Bites by Dollarchap(m): 5:37pm On Jul 24, 2023
[size=14pt]As a business owner, do you know that you need to file your annual returns every year? It doesn't matter whether you have started business or not. Once your business is registered with CAC, you need to file annual returns after the expiration of 18 months after registration.
Failure to file attracts penalty. Also your business name becomes inactive on CAC portal. Also, if it's inactive for a long time, CAC may delist your business name or company from their register. This means that the business no longer exists. Any interested person can then register the same name.
If you want to file your annual returns so that your business becomes active, you can message me.[/size]
Food / Re: Crowd Celebrates Hilda Baci In Lekki (Video) by Dollarchap(m): 9:23am On May 16, 2023
Congratulations
Properties / Re: 5-storey Building Collapses In Apapa by Dollarchap(m): 7:29pm On Apr 23, 2023
There is something we are not considering. Even though I am not an expert in the line, I still believe that major railway construction involving the use of powerful earth moving equipment can contribute to all these building collapse.

1 Like

Jobs/Vacancies / Re: #horriblebosses And #toxicworkplace ; My Little Experience by Dollarchap(m): 9:21pm On Mar 24, 2022
Mygoodnessx:
Horriblebosses and #toxicworkplace is trending on twitter and having worked in few places, I can say that a lot is really happening in the work space. Everyone thinks the best way to avoid all those stuffs is to be a boss of your own but then what is a boss without an employee?

For starters, you go for an interview scheduled for 9am and they’ll keep you waiting till 4pm all in the name of testing your patience…like for real After all na u dey find work so you’ll have to wait till whenever. When you finally get interviewed and they’ll ask how much you want to be paid, you mention your desired amount and they go like "no oh, we can’t pay you that for now, instead we’ll pay this", like almost half of what you mentioned….hmmm it’s well.

Or is it the managers that presents 50k to the boss as your salary and ends up paying 30k to the staff and pockets 20k? Or is it the randy ones that wants to sleep with all the female workers whether married or not and fire the ones who refuse their advances? Or the ones that encourage the foreign bosses (Chinese,Lebanese,Indian) to be wicked on the staff cos that’s what they deserve. Matter plenty!!!

What about job security? I’ve not seen, you could be on your way to work and have an accident and nobody cares, instead they call an interview for your replacement . A colleague of mine in a hotel fell off a staircase while serving customers at the rooftop bar with drinks worth over 100k and broke her leg and all the owner cared about was the drinks that were broken, long story short, she was made to pay for the drinks, nobody talked about her broken leg �

Okay treat me however you like but once it’s month end, pls pay me my money cos that’s why I’m working!!! No, they won’t. Salary is meant to be paid at month end latest the last day of the month but some bosses would pay middle of the next month, some won’t even pay at all and when you complain it’s an offence, on top my money kwa? Na wah oh!!!
Or is it the unnecessary deductions? You come late they deduct 1k, You no come staff meeting they deduct like 3k, at the end of the month you are left with almost nothing.
Or is it the verbal and sometimes physical abuse? Some company owners really need to do better, we know it’s your company and your money no need to rub it in my face. My ex boss once threatened to break bottle on my head over a minor issue and nothing would happen, my dears, I resigned after that threat cos he can do it and truly nothing would happen, no be Nigeria we dey? SMH ��‍♀️

I could go on and on, a lot of people are really suffering in their jobs but it’s like a "we die here" situation cos there’s no job outside so you endure whatever comes till a better offer comes,it’s so sad � really.

Should be talk about our fellow colleagues, like na the same thing we find come but you want to make work difficult for me too? The "eye service" ones that are ready to throw you under the bus at the expense of your job? Or the ones sleeping with the bosses and managers telling them who to sack and who to leave? Or the extreme ones who go to the extent of using charms and juju to attack you? Hmmm… Chineke zoba anyi oh cos things are really happening.

Matter plenty no be small, which one I go talk ,which one I go leave? In all things, we’ll keep grinding and never give up cos God would surely come through. One day , the sun will shine and we go smile, cheers to everyone working legit to make a living, Ogadinma.

Drops pen…


There are good bosses and there are horrible bosses. This topic trends on Twitter and I find this one educative https://twitter.com/Nigcareers1/status/1506172344636784644
Jobs/Vacancies / Re: Urgent Vacancy For An Accountant by Dollarchap(m): 7:57am On Mar 03, 2022
Deadline: 04 March 2022
Jobs/Vacancies / Urgent Vacancy For An Accountant by Dollarchap(m): 2:45pm On Mar 02, 2022
A medium-sized company within Ikeja/Ogba Axis of Lagos State requires an Accountant for immediate employment.

Duties
Payroll Management
General Human Resource Functions
Preparation of Management preferred accounts
Petty Cash Management
Cash Lodgements
Managing and reconciliation of Distributor/ Customer accounts
Generating customer invoices on QuickBooks
Stores & inventory Management, entries and postings on QuickBooks and Bincards
Monthly filings of Statutory taxes (VAT & PAYE)
Managing correspondences between the Company and third party clients, banks and other institutions
Designing workable templates as required
Designing, implementing and reviewing Products Bill of Materials
Organise a filing system for all important and confidential company documents
Annual/ Daily/ Monthly stock taking
Designing, implementing, and monitoring internal controls
Managing staff clock-in machine and matters
Helping to monitor Standard operating procedures
Cost control
Prepare reports with statistical data as assigned


Requirements
HND/BSc Accounting
ACA Partly – Qualified
3 – 5 years working experience in the same capacity
Proficiency in QuickBooks Accounting Software

Salary
Salary ranges between N100k to N120k per month (Net)

Method of Application
Suitably qualified candidates should send their CV to oabizconsulting@yahoo.com.
Politics / Re: Secrets To My Longevity - E-President Obasanjo by Dollarchap(m): 7:16pm On Sep 05, 2021
Great!

1 Like

Jobs/Vacancies / Re: Drama As Austra Based Nigerian Man Slams Super Falcon For Trying To Represent Ni by Dollarchap(m): 9:31am On Jul 21, 2021
wonders shall never end
Business / Re: List Of Profitable Business Ideas by Dollarchap(m): 8:30pm On Jun 23, 2020
barry40:
I have come across many questions such as:

1. What business can I start with N100,000?
2. What side business can I do while working on full time job?
3. What business can I start from home?
4. What business can I start with little capital?

The truth is that, there are many business ideas out there that are highly profitable but you have the responsibility of sieving through those ideas so that you can decide on the one that best suits you. There are many factors you need to consider such as your strengths, location, and available capital etc. Follow this FB page and you will never run out of ideas again because that is what rule the world.
https://www.facebook.com/legitsmallbusiness/

I liked the Facebook page. I have been getting different business ideas notification on may Facebook on a daily basis.
Business / Re: What Business Can Someone Start With A Budget Of #300,000 by Dollarchap(m): 4:32pm On Jun 17, 2020
dimple571991:
Fellow Nairalander, I hope we are all staying Safe and Doing good.
Please I need your candid advice And Opinion on the kind of Business one can start with a Budget of 250k-300k And has good return on investment

This link may help you https://www.nairaland.com/5932794/list-profitable-business-ideas
Health / Re: Top 10 Nigerian Medical Practitioners In America by Dollarchap(m): 2:35pm On May 31, 2020
Great
Travel / Re: Prudent Hotel, Etemeteh Hotel To Be Demolished For Flouting Wike's Directives by Dollarchap(m): 8:56am On May 10, 2020
S
Jobs/Vacancies / Part Time Content Writers Needed Urgently by Dollarchap(m): 3:53pm On May 09, 2020
A media company is recruiting PART TIME content writers who can write quality articles. The prospective candidates should possess the following:

• NCE, HND or BSc in business related courses.
• Good writing skills

Responsibilities:
• You will be required to write 20 articles per month on different business related topics. A lot of free resources are available on various topics. Length of the articles ranges between 1,500 and 2,000 words. Although there may be some exceptions.
• You can choose your own topics but you will need to agree the topics with your Manager before commencing your writing.
• The articles should be free from plagiarism. That is, while you are allowed to get resources online, your articles should not be “copy and paste type”.

Remuneration:
Since this is a per time job, the remuneration is N30,000 per month. You will be working from home. Send your application to oabizconsulting@yahoo.com. Please, you will be required to send a sample article if you are shortlisted.

1 Like 2 Shares

Business / Overcoming COVID-19 Effects: Smes In Perspective by Dollarchap(m): 10:23am On May 04, 2020
COVID-19 pandemic across the globe is no longer a news. In fact, news is not complete without mentioning COVID-19 or Coronavirus. Mainly, Coronavirus has proved to be a threat to mankind all over the world, whether you live in under-developed, developing or developed country.

Apart from many lives that have been lost to this pandemic, the economic effects of COVID-19 is unimaginable. There is no doubt that many SMEs were unable to generate revenue all through the period of lockdown. But unfortunately, there are certain costs that are fixed. That is, whether you operated or not, businesses still incurred certain costs. Examples of such costs are rent, salaries and loan interest. Now that the lockdown is being eased out gradually, it is high time that SMEs adopted some strategies that can help them overcome the challenges at hand.

The two major challenges we shall be focusing here are; inability of SMEs to generate revenue and the problem of rising costs.

Revenue generation

Every business is set up to either sell products or services. At times, a business can sell both products and services. Of course, before a business can sell its products or services, certain infrastructure must be in place. For instance, you need certain resources such as human, materials and financial resources. In most cases, you need to invest in these resources before you generate revenue. So, what happen when a business could not generate revenue? Well, employees may not know the implications. But if you are a business owner, I will assume you already know the answer.

The period of lockdown actually denied businesses from generating revenue. Besides, some of the sales made on credit are still outstanding because customers also did not open. If your customers didn’t open for business, there is every possibility that they couldn’t process your invoices for payment. The exception may be few businesses that get retainers fee automatically every month. So, inability to generate sales and getting your money from your customers will definitely create liquidity gap. Even after the lockdown is over, it will take some time for businesses to cover this liquidity gap. And we all know that cash is lifeblood of any business. A business can survive for some time if it couldn’t report profitability. In fact, there are businesses that couldn’t report profits in their first three years and still survived. But this is not the case with cash. If a business is having liquidity problem, it is just a matter of time, the business will collapse.

Since cash is very important to business, the question is how can businesses generate cash? When a business runs out of cash, there is temptation for the owner to run to the bank to get a loan. This can be like a life line but it could be dangerous at the same time. When a crawling business resorts to getting loans to survive, such businesses may be digging its own grave.

What should you do then? Well, it is actually safer to focus on how to generate revenue. Possibly, this COVID-19 can also turn to be an advantage if you can look within. If you are selling products, you may consider offering complementary services. In most cases, services don’t require much costs. While you may be getting just about twenty percent margin on your products, you may be getting as high as ninety percent margin on your services. For example, if you sell projectors, you can consider renting as a service.

Secondly, you shouldn’t be thirsty in the midst of water. If you are having a huge receivables in your accounts, it may be the time for you to chase after your customers. Of course, we know that things are generally tight for businesses. But the truth is that, if you don’t disturb your customers, they may as well assume that you are comfortable. You don’t need to harass them. But putting calls across to them on a regular basis to remind them about their debts may make a lot of difference. No one likes to be disturbed. I can assure you that if the customers have some cash, you will be among his priority.

Challenge of Rising Costs

Hmmm! Costs can sink a business. I feel for businesses especially during this period. As a business owner, it could be painful to pay rent for office you don’t use for a month. It could be annoying paying staff that didn’t contribute anything all through the month. What of the interest you need to pay on loans you got from lenders? The list can go on and on.

In this post lockdown, I will be quick to point out that it can’t be business as usual. If you think contrary, you may soon be out of business. Every business needs to adopt cost control strategies. But unfortunately, in an attempt to control costs, some of the businesses usually end up creating bigger problems. The reason is that, some businesses don’t know how to go about it. What they do is to just cut costs. You need to understand that cost cutting is not synonymous to cost control. You must have heard a saying, “Penny wise, Pound foolish”. Regrettably, this is what some businesses do. They cut costs only to incur more costs at the end. On the other hand, some cut costs, which in turn, jeopardize their revenue generating ability.

Cost control is not an exercise to do hastily. You must be tactical about it and it must be done strategically. A good cost control strategy will not only save you costs in the interim, it will help you save costs in the long run.

If you need help, you can contact us for free telephone or email consultation. Find us HERE
Source: https://www.otnconsultinglimited.com/index.php/list-of-resources/92-overcoming-covid-19-effects
Business / Re: How To Register Your Company With Corporate Affairs Commission by Dollarchap(m): 3:46pm On Feb 29, 2020
After the registration of your company, you still have other important steps to take. You can learn more here. https://outsourcetonigeria.com
Business / Re: How Much Does It Cost To Register A Company With CAC? by Dollarchap(m): 3:36pm On Feb 29, 2020
Don't just stop at registration. You need to take the accounting and tax functions seriously. Otherwise, you may end up paying what you don't owe. You can learn more here. https://outsourcetonigeria.com
Business / Re: Easy Steps For Business Name Registration In Nigeria by Dollarchap(m): 3:27pm On Feb 29, 2020
After the registration of your company, you still have other important steps to take. You can learn more here. https://outsourcetonigeria.com
Business / Re: Good Business Opportunity From Border Closure by Dollarchap(m): 7:45pm On Feb 27, 2020
Poultry business also falls into this category

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